2024 EGP to LBP Historical Review

YEARLY HIGH

2908.0315 LBP

YEARLY LOW

484.8046 LBP

YEARLY AVERAGE

1690.5102 LBP

2024 EGP to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 2908.0315. Conversely, the yearly low was recorded on February 20, dropping to 484.8046.

This high-to-low spread represents a total annual volatility of 2423.2269 LBP. From a start-to-finish perspective, comparing the January average rate of 486.5866 to the December average rate of 1770.5127, the exchange rate registered a net change of 263.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2908.0315 was up 469.99% compared to the 2023 peak of 510.1869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 14,540,158 LBP

2023 Average 2,227,039 LBP

Yearly Trough Low 2,424,023 LBP

Transaction Impact: A difference of 12,116,134.61 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2192.3490

331.5173

JanuMarcMayJulySeptNove

EGP to LBP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1553.1226, compared to 1827.8979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 274.7753 points.

H1 Avg (Jan–Jun) 1553.1226

H2 Avg (Jul–Dec) 1827.8979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 2419.3565 LBP (High: 2904.1611 / Low: 484.8046). On the other end, January was the most stable month, with a tight range of 3.1235 LBP (High: 488.3678 / Low: 485.2443).

February Spread (Volatile) ±2419.3565

January Spread (Stable) ±3.1235

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 164.6254 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -164.6254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2037.2797) against the same month in 2023 (average: 489.3171), the exchange rate shifted by +1547.9627 (+316.35%).

2024 Avg (March) 2037.2797

2023 Avg (March) 489.3171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	488.3678	485.2443	486.5866
February	2904.1611	484.8046	1151.3633
March	2908.0315	1808.1967	2037.2797
April	1900.5081	1841.3114	1872.6543
May	1922.1677	1863.3369	1893.4488
June	1900.5185	1851.1787	1877.4025
July	1868.7685	1847.4402	1858.4424
August	1845.4803	1813.3277	1830.0125
September	1854.7920	1839.4983	1848.8729
October	1861.1129	1829.6105	1844.7239
November	1837.1292	1801.7811	1814.8228
December	1801.2621	1752.4929	1770.5127